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Polaris PAT declines 45%

BS 200 SCORECARD

Polaris Software's profit after tax for the fourth quarter ended March 31, 2005, dipped by 44.81 per cent to Rs 5.80 crore as compared with Rs 10.52 crore in the same fourth quarter ended March 31, 2004.  Total revenues increased 15.34 per cent to Rs 196.42 crore (Rs 170.30 crore). The company's profit after tax for the year ended March 31, 2005 decreased by 0.15 per cent to Rs 74.26 crore as against the Rs 74.37 crore that it recorded in the year ended March 31, 2004.  Total revenues jumped by 21.76 per cent to Rs 787.12 crore (Rs 646.42 crore). The board has recommended a ...